Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Sustainable Development Strategy, Egypt 2030, to be announced before year-end

We need to raise the ratio of investment to GDP to 30%,…

Daily News Egypt

Letter of intent for €80m signed by CIB, French Development Agency Group

CIB and AFD aim to finance and promote climate and environment benefiting…

Hossam Mounir

Development works of 47 slums to be completed soon: Housing minister

32 areas will be developed during FY 2015/2016, Madbouly says

Daily News Egypt

CBE lost its power to rapidly intervene in foreign exchange market: Pharos

Banks are employing foreign cash deposits by individuals to finance the needs…

Daily News Egypt

Ministry of Communications issues tender to develop ‘Mashroaak’ call centres

The call centres will allow citizens to access state services through multiple…

Daily News Egypt

QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt

The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…

Hossam Mounir

Banque du Caire launches product to combine advantages of insurance, savings

Clients will also be able to borrow money, and issue credit cards…

Daily News Egypt

NBK-Egypt targets 30% growth in different activities by year-end: Managing Director

Egypt is one of the most prominent markets focused on in the…

Hossam Mounir

International cooperation minister discusses economic cooperation with European Commission

Programmes and projects funded by the European Commission are tackled with Deputy…

Shaimaa Raafat

Food prices’ inflation hinders hotels’ efforts to enhance services: Tourism workers

The first week of October witnessed a peak in operating costs, especially…

Abdel Razek Al-Shuwekhi